Reverse Mortgage Daily - Continuing its recent string of positive reporting on reverse mortgages, CNBC posted an article summarizing the new thinking behind Home Equity Conversion Mortgages last week - with the added caveat that the products aren't for the "stupid."
Osterland also includes a telling quote from a financial planner, who otherwise supports the use of Home Equity Conversion Mortgages as a responsible part of a larger retirement plan.
"The late-night ads are a really bad idea for the industry," planner and Texas Tech University professor John Salter told CNBC.